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US govt in discussion to close loophole currently facilitating tech trade with Huawei

2019-12-18 01:00:00| Total Telecom industry news

Government officials are seeking to alter current legislation that currently allows some US companies to work with Huawei, despite the Chinese behemoth’s blacklisting. In May, the US government announced an export ban against Huawei, citing security concerns. However, due to a legal loophole, companies within the US could still sell to Huawei if they could prove that 75% or more of the work to create the product was done oversees…read more on TotalTele.com »

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US textile group concerned at de minimis "loophole"

2019-10-29 14:14:00| Daily apparel & textile news and comment - from just-style.com

The National Council of Textile Organizations (NCTO) has voiced its concerns to US Customs and Border Protection that importers, particularly from China, are using the de minimis "loophole" to avoid paying tariffs.

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Mnuchin's Move to End Hedge Fund Loophole Seen Facing Challenge

2018-03-06 00:25:41| National Real Estate Investor

Tax experts say a notice from Treasury and the Internal Revenue Service issued Thursday fails to give the legal basis for their power to close the loophole.

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Rebuild Loophole Lets Some 18-Wheelers Out-Pollute Dieselgate VWs

2018-02-16 23:04:40| Extremetech

Old diesel engines in new truck bodies (gliders) can meet old emissions rules. They emit up to 55 times as much pollution as regular truck tractors, and 10 times the pollution potential of the 455,000 recalled Dieselgate VWs. The post ‘Rebuild’ Loophole Lets Some 18-Wheelers Out-Pollute Dieselgate VWs appeared first on ExtremeTech.

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